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Question 2!. Discuss how technological change might create entrepreneurial opportunities. Identify three current technological changes and comment on the opportunities they create. Part 1.
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Question 2! Discuss how technological change might create entrepreneurial opportunities. Identify three current technological changes and comment on the opportunities they create.
Part 1 Discuss how technological change might create entrepreneurial opportunities.1) first mover2) support for new tech3) new markets4) support for old tech/changeover5) technology provide new ways to do business
Part 2 Miniaturization Allows people to hold computational power in their pockets, creates expectations for constant connection and access to information. new ways to market - push ads to users based on location etc Support new devices eg. application development 1) miniaturization2)3) cloud computing
Part 2 Augmented Reality and Location Tracking • new ways to market - push ads to users based on location etc • support for such marketing for slower-moving firms • creation of products egLayer Reality Browser - not yet biz focused.
Part 2 Cloud Computing Movement of data and applications online • Reduce cost of hardware • Allow users access to company apps without installation • Provide specialised cloud services